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**Sold by Karl Latham direct to a buyer on our extensive database prior to launching online. **
Presenting to the market for the very first time this solidly built Full Duplex sitting on one title with NO BODY CORP OR STRATA FEES. A Holy Grail opportunity, perfect for Investors, multi-generational families or live in one side and rent out the other side for extra income.
The property is well built in masonry block construction with a brick facade and has had a new roof in recent years. Both sides are fully air conditioned and fully security screened and both have lock up remote access garages. The building sits on a corner block with side access to the back yard with lock up shed and individually fenced back yards. The duplex has future potential to be strata titled (Subject to council approval and any required works) which then would allow to be sold separately.
The larger duplex B has had the existing garage built in and the wall opened up to double the living size and leaves potential to be converted into a bedroom and possibly an ensuite where the laundry sits. An extra large garage has been built on the opposite side that services this duplex. This side comes fully furnished and has tenants paying $380/wk who are vacating on 24th June 2024.
Duplex A is occupied with long term elderly tenants who have been there for 16 years and are paying $270/wk on a periodic lease which is due for a substantial increase.
**Please note no internal photos have been taken due to tenant's privacy reasons**
Facts and Figures:
Duplex A - $390 - $420/wk (Unfurnished)
Duplex B - $420 - $460/wk (Furnished)
Council Rates: $5,595 per annum